Abstract
Despite that real estate has historically been viewed as a local phenomenon, real estate industries have been gradually but inevitably influenced by globalisation and transnational economies. This not only includes the rapid development of the real estate sector in emerging economies facilitated by global investment, but also some dramatic changes in traditional real estate market like western Europe and North America following the economic crunch since 2007. As more real estate agencies globally attempt to seek opportunities beyond national borders, it becomes increasingly important to recognise the reasoning behind the internationalisation process of real estate sector, the consequences towards the real estate sector, and the implication for current urban development in cities around the world.
Original language | English |
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Media of output | Online |
Publication status | Published - 1 Nov 2013 |